Cars, Sharing | featured news

Avis buying Zipcar in deal worth nearly $500M

Avis

Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services.

 

Personal car-sharing takes off as states ease insurance laws

Companies introduce car-sharing services for people who need to get behind the wheel and car owners who want to make an extra buck.

 

Zipcar revs up for initial public offering

Zipcar Inc., the car-sharing company that rents rides for as little as an hour, is expected to get a warm reception from Wall Street for its planned initial public offering this week.

 

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